Syngenta AG (SYT) Takeover Noise Again; USA Technologies (USAT) Above-Consensus Revenue


Shares of Syngenta AG (NYSE:SYT) climbed more than 7% in after-hours trading Thursday following a report by Bloomberg indicating that ChemChina made an offer to acquire the company for about $42 billion, below the recent $46 billion bid (which was dropped) from biotech seed giant Monsanto Co. (NYSE:MON)

SYT stock finished the regular session at $69.17, down $0.46 (or -0.66%), and 298,074 of its shares exchanged hands during the day

Syngenta AG, an agribusiness company, has 459.33M Shares Outstanding, Market Capitalization (intraday) of $31.76B and SYT stock 52-week range is $61.31 – $98.15 per share



USA Technologies, Inc. (Nasdaq:USAT) shares surged over 10% in the extended session Thursday as the company delivered positive free cash flow for third quarter in a row in its financial results

USA Technologies posted first quarter fiscal 2016 revenue of $16.6 million, a 35% increase year over year, exceeding the Capital IQ Consensus Estimate of $15.2 million in revenues for the period. According to its business outlook for full-year fiscal 2016, the company expects total revenue to be in the range of $69 million to $71 million

USAT stock closed at $2.70, down $0.10 (or -3.57%), with a total volume of 286,284 shares traded.

USA Technologies, a leader of wireless, cashless payment and M2M/IoT telemetry solutions, has 35.85M Shares Outstanding, Market Capitalization (intraday) of $96.81M and USAT stock one-year range is between $1.42 and $3.52 per share


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